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Gov. Phil Murphy announced funding for programs to address short-term liquidity issues and keep investments flowing in the wake of the bank's collapse.
March 14 -
The recent bank failures have changed market thinking about the Federal Reserve's next move.
March 14 -
The Federal Reserve's top regulator will examine what steps the central bank took to mitigate risks at the bank before its failure last week.
March 13 -
Even more uncertainty has been introduced into the municipal bond market as the Federal Reserve may have to tweak its monetary policy plans as the situation unfolds.
March 13 -
Triple-A benchmarks have fallen five to 10 basis points, depending on the scale.
March 13 -
President Joe Biden said that deposits at U.S. banks are safe following swift action from his administration's bank regulators.
March 13 -
The Treasury Department issued a "systemic risk exception" allowing it to cover uninsured deposits at SVB and Signature Bank, which New York State closed on Sunday.
March 12 -
Shares in Silicon Valley Bank's parent company plunged 60% after executives announced they would sell a large bond portfolio at a big loss. The market "seems to be pricing in greater liquidity needs" than the bank currently anticipates, one analyst said.
March 9